Pepe Coin Poised for Price Drop Amidst Market Activity

Pepe Coin 在市场活动中价格下跌

Despite experiencing a notable surge in value by 25% recently, Pepe Coin (PEPE) has faced a substantial drop in the past few weeks. The upward momentum appears to be diminishing, raising concerns about the sustainability of the recent rally.

尽管最近价格显着上涨了 25%，但 Pepe Coin (PEPE) 在过去几周却面临大幅下跌。上涨势头似乎正在减弱，引发了人们对近期反弹能否持续的担忧。

On-Chain Analysis

链上分析

Mean Dollar Invested Age (MDIA) measures the average time a cryptocurrency remains in the same address. An increase in MDIA suggests investors are holding onto their tokens, while a decrease indicates inactive wallets are becoming active again.

平均美元投资年龄（MDIA）衡量加密货币在同一地址中保留的平均时间。 MDIA 的增加表明投资者正在持有他们的代币，而减少则表明不活跃的钱包再次变得活跃。

Data from Santiment shows a decline in PEPE's 90-day MDIA value, indicating a potential price decline due to increased circulation.

Santiment 的数据显示 PEPE 的 90 天 MDIA 价值下降，表明由于流通量增加，价格可能下降。

Trading Volume

交易量

PEPE's trading volume has also decreased, currently standing at 613.26 million dollars. A surge in volume typically supports an upward trend, but a decline after a price increase suggests the trend may not continue.

PEPE的交易量也有所下降，目前为61326万美元。成交量激增通常支持上升趋势，但价格上涨后的下跌表明该趋势可能不会持续。

Technical Analysis

技术分析

The daily chart indicates that PEPE has encountered resistance at the 50-day Exponential Moving Average (EMA) zone. The current price is trading slightly below this level, suggesting a potential bearish outlook.

日线图显示，PEPE 在 50 日指数移动平均线 (EMA) 区域遇到阻力。目前的价格略低于该水平，表明前景可能看跌。

However, it is still trading above the 20-day EMA (blue). If the recent red candlesticks persist, the price may fall below this short-term trend line.

然而，其交易价格仍高于 20 日均线（蓝色）。如果近期的红色烛台持续存在，价格可能会跌破该短期趋势线。

Price Forecast

价格预测

If the bearish trend continues, PEPE could drop to 0.0000077 dollars. Conversely, if the upward momentum resumes, it could reach 0.0000098 dollars, potentially leading to a 0.0000100 dollar mark.

如果看跌趋势继续下去，PEPE 可能会跌至 0.0000077 美元。相反，如果上涨势头恢复，则可能达到 0.0000098 美元，并有可能突破 0.0000100 美元大关。

The post was originally published on COINTURK NEWS.

这篇文章最初发表在 COINTURK NEWS 上。